Hubbell Incorporated
- Open
- 450.10
- Day high
- 456.05
- Day low
- 449.00
- Prev close
- 450.08
- Volume
- 61K
- Mkt cap
- $24.1B
- P/E (TTM)
- 26.9
- EPS (TTM)
- $16.95
- P/B
- 6.1
- P/S
- 3.9
- Yield
- 1.25%
- Per share
- $5.68
- ▼Insiders net selling -$284K over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions accumulating (13F)
Hubbell Incorporated (HUBB) is a Industrials company listed on NYSE. The stock is up 5% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4). Drillr has 1 published research article covering HUBB.
Hubbell Incorporated (HUBB) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 3 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
HUBB earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 28, 2026 | $5.39 | $5.52 | +2.4% | $1.7B | +3.0% |
| Apr 30, 2026 | $3.87 | $3.93 | +1.6% | $1.5B | +1.0% |
| Feb 3, 2026 | $4.70 | $4.73 | +0.6% | $1.5B | -0.1% |
| Jul 29, 2025 | $4.36 | $4.93 | +13.1% | $1.5B | -4.3% |
| May 1, 2025 | $3.70 | $3.50 | -5.4% | $1.4B | -1.3% |
| Feb 4, 2025 | $4.02 | $4.10 | +2.0% | $1.3B | -5.5% |
| Apr 30, 2024 | $3.54 | $3.60 | +1.7% | $1.4B | +0.6% |
| Jan 30, 2024 | $3.58 | $3.69 | +3.1% | $1.3B | +2.2% |
| Oct 31, 2023 | $4.05 | $3.95 | -2.5% | $1.4B | -1.3% |
| Jul 25, 2023 | $3.72 | $4.07 | +9.4% | $1.4B | -0.5% |
| Jan 31, 2023 | $2.41 | $2.60 | +7.9% | $1.2B | -1.5% |
| Oct 25, 2022 | $2.71 | $2.88 | +6.3% | $1.3B | +5.3% |
HUBB insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 18, 2026 | LIND BONNIE CRUICKSHANKdirector | Grant | 66 | — |
| Aug 18, 2026 | Guzzi Anthonydirector | Grant | 77 | — |
| Aug 18, 2026 | KEATING NEAL J.director | Grant | 32 | — |
| Aug 13, 2026 | DEL NERO JONATHAN M.officer: Vice President, Controller | Sell | 547 | $518.56 |
| Jul 8, 2026 | Mikes Mark Eugeneofficer: President Electrical Solutions | Tax | 207 | $494.28 |
| Jul 8, 2026 | Gumbs Gregoryofficer: President, Utility Solutions | Tax | 415 | $494.28 |
| May 19, 2026 | Guzzi Anthonydirector | Grant | 80 | — |
| May 19, 2026 | KEATING NEAL J.director | Grant | 33 | — |
| May 19, 2026 | LIND BONNIE CRUICKSHANKdirector | Grant | 68 | — |
| May 7, 2026 | BAKKER GERBENdirector, officer: Chairman, President & CEO | Tax | 2,679 | $513.18 |
| May 7, 2026 | Guzzi Anthonydirector | Grant | 341 | — |
| May 7, 2026 | Rochow Garrick Jdirector | Grant | 341 | — |
| May 7, 2026 | FLYNN ALYSSA Rofficer: Chief Human Resources Officer | Grant | 543 | — |
| May 7, 2026 | Mikes Mark Eugeneofficer: President Electrical Solutions | Tax | 188 | $513.18 |
| May 7, 2026 | DEL NERO JONATHAN M.officer: Vice President, Controller | Grant | 232 | — |
Source: HUBB SEC Form 4 filings, latest Aug 18, 2026. For informational purposes only — not investment advice.
See the full HUBB insider & 13F page →Hubbell Incorporated company profile
Overview
Hubbell Incorporated (NYSE:HUBB) is a leading American manufacturer of electrical and electronic products founded in 1888 and headquartered in Shelton, Connecticut. The company has evolved from its origins as a producer of electrical components into a comprehensive provider of electrical infrastructure solutions serving both utility and commercial markets. With over 135 years of operation, Hubbell has established itself as a critical supplier to the electrical grid modernization and electrification trends reshaping the energy landscape. The company went public in 1972 and operates through two primary business segments: Utility Solutions and Electrical Solutions.
Business
Hubbell operates in the electrical equipment manufacturing industry, designing and producing essential components that power and connect the electrical infrastructure across the United States and internationally. The company's products are fundamental to how electricity is transmitted, distributed, and utilized in modern society. The Utility Solutions segment represents approximately 60-65% of total revenue and focuses on products that support the electrical grid infrastructure. This segment manufactures distribution, transmission, and substation equipment including arresters (devices that protect electrical equipment from voltage surges), insulators (components that prevent electrical current from flowing where it shouldn't), connectors, anchors, bushings, and protective enclosures. The segment also produces utility infrastructure products such as smart meters that measure electrical consumption, communications systems that enable grid monitoring, and protection and control devices that ensure grid stability. Additionally, this segment includes grid automation products through brands like Aclara, which provide advanced metering infrastructure and grid management solutions. The Electrical Solutions segment accounts for approximately 35-40% of revenue and serves commercial, industrial, and institutional markets. This segment produces wiring devices (outlets, switches, plugs), rough-in electrical products used during construction, connector and grounding products that ensure electrical safety, lighting fixtures, and industrial controls. The segment also manufactures specialized products for data centers, including power distribution units and connectivity solutions that are critical for modern computing infrastructure. Products are sold under well-known brands including Bryant, Killark, Wiegmann, and TayMac. Both segments serve markets experiencing significant growth driven by grid modernization initiatives, renewable energy integration, data center expansion, and broader electrification trends across the economy.
Revenue model
Hubbell generates revenue primarily through product sales to a diverse customer base spanning utilities, electrical contractors, distributors, and original equipment manufacturers. The company operates a traditional manufacturing business model where it designs, produces, and sells physical products rather than providing ongoing services or subscriptions. The Utility Solutions segment sells directly to electric utilities, telecommunications companies, and industrial firms, as well as through distributors who serve smaller utility customers and contractors. Revenue in this segment is driven by utility capital expenditure cycles, grid modernization investments, and infrastructure replacement needs. Customers typically purchase products for specific projects or to maintain inventory for ongoing maintenance and expansion activities. The Electrical Solutions segment primarily sells through electrical and industrial distributors, home centers, retail outlets, and specialized channels like lighting showrooms. This segment also sells directly to original equipment manufacturers who incorporate Hubbell components into their products. Revenue is driven by construction activity, industrial expansion, data center growth, and maintenance replacement cycles. Several factors influence Hubbell's profitability margins. Positive margin drivers include the company's ability to implement price increases during inflationary periods, productivity improvements from operational efficiency initiatives, favorable product mix shifts toward higher-margin applications like data centers and transmission equipment, and the company's strong market positions in specialized product categories. Negative margin pressures come from raw material cost inflation (particularly copper, steel, and plastics), competitive pricing pressure in commodity-like products, tariff impacts on imported components, and the cyclical nature of utility spending which can create volume fluctuations. The company has demonstrated ability to offset cost inflation through pricing actions, though there are typically timing lags between cost increases and price realization.
Competitive moat
Hubbell possesses a moderate to strong competitive moat built on several defensive characteristics, though it operates in markets with meaningful competitive pressures. The company's primary moat stems from its comprehensive product portfolio and established relationships with utility customers who value reliability and proven performance in mission-critical applications. Electrical grid infrastructure requires products that meet stringent safety and performance standards, creating switching costs for customers who prefer to work with trusted suppliers with long track records. The company benefits from regulatory barriers and certification requirements that create hurdles for new entrants, as electrical products must meet various safety standards and utility specifications. Hubbell's manufacturing scale and established distribution networks provide operational advantages, particularly in serving smaller customers through distributor relationships. However, the moat faces several competitive challenges. Large industrial conglomerates like Eaton (Cooper division), ABB (Thomas & Betts), and Schneider Electric compete directly with similar product portfolios and greater financial resources. These competitors can leverage broader product suites and global scale to win large utility contracts. Additionally, many of Hubbell's products are relatively standardized, limiting differentiation opportunities and creating price competition. The company's geographic concentration in North America (approximately 90% of sales) provides stability but limits growth opportunities compared to more globally diversified competitors. While this focus allows for operational efficiency and customer intimacy, it also creates dependence on North American utility spending cycles and regulatory environments. The moat is strongest in specialized product categories where Hubbell has technological leadership or unique manufacturing capabilities, but weakest in commodity-like products where competition is primarily price-based. The ongoing grid modernization trend should support demand, but the competitive landscape remains challenging with well-funded competitors pursuing the same growth opportunities.
Risks & safety
Hubbell demonstrates a solid financial position with reasonable margin of safety, though valuation metrics suggest limited downside protection at current levels. Liquidity and Solvency: - Cash position: $347 million as of Q1 2025 - Current ratio: 1.17, indicating adequate short-term liquidity - Debt-to-equity ratio: 0.61, representing moderate leverage - Strong free cash flow generation: $811 million in fiscal 2024 - No immediate solvency concerns with manageable debt levels Valuation Metrics: - P/E ratio: 26.4x (Q1 2025), indicating premium valuation - EV/EBITDA: 17.5x, above historical industrial averages - Price-to-book: 5.5x, suggesting limited asset-based downside protection - Graham number indicates potential overvaluation relative to conservative metrics Other Considerations: - Cyclical earnings exposure to utility capital spending cycles creates earnings volatility risk - Tariff sensitivity of approximately $135 million in potential cost headwinds - Strong market position in growing end markets provides some valuation support - Consistent dividend history provides income component to returns
Recent development
Over the past few years, Hubbell has executed a focused strategy of portfolio optimization and market positioning around secular growth trends. The company completed the divestiture of its Residential Lighting business to concentrate resources on higher-growth, higher-margin opportunities in grid infrastructure and commercial electrical markets. Strategic acquisitions have strengthened key capabilities, including the Systems Control acquisition which enhanced the Utility Solutions segment's grid automation offerings, and the PCX acquisition which expanded presence in the rapidly growing data center power solutions market. The company also acquired Ripley Tools to broaden its utility and communications tool portfolio. Operationally, Hubbell has undertaken significant business simplification initiatives, including the unification of its Electrical Solutions segment to eliminate redundancies and improve operational efficiency. The company has substantially increased capital expenditures, nearly doubling investment levels from 2021 to support capacity expansion and productivity improvements. In response to supply chain challenges, Hubbell has diversified its sourcing strategy, reducing China exposure by approximately half while building alternative supply chains. The company has proactively implemented pricing strategies to offset inflationary pressures, successfully managing through periods of significant raw material cost increases. Recent focus areas include capturing opportunities in grid modernization and electrification trends, with particular emphasis on transmission and substation markets, data center infrastructure, and renewable energy integration. The company has positioned itself to benefit from utility capital expenditure cycles and government infrastructure investments while maintaining operational flexibility to manage through market volatility.
HUBB company profile · for informational purposes only — not investment advice.
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